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Cramer on BloggingStocks: Lower oil will be a boon -- next year

 Nov 20, 2008 02:09 PM UTC
Return Risk
+9.88% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
K Positive 11/20/08 +20.89% --
UL Positive 11/20/08 +38.81% --
PG Positive 11/20/08 -6.32% 12/11/08
UN Positive 11/20/08 +35.83% --
GIS Positive 11/20/08 +18.76% --
CL Positive 11/20/08 +32.27% 11/16/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Market matters, Kellogg Co (K), Colgate-Palmolive (CL), General Mills (GIS), Procter and Gamble (PG), Unilever ADR (UL), Oil, Stocks to Buy, Cramer on BloggingStocks


TheStreet.com's Jim Cramer says comparisons will be so easy that companies with strong pricing will outperform.

These year-over-year declines in energy costs along with the inability of the Chinese market to fall much further are the two bright spots that long-term investing can give us. The notion that there are consumer-products companies that have put in price increases that for the most part are sticking and that the developing world could come back with lower rates, makes me feel that the Unilever (NYSE: UN) (Cramer's Take)/Procter (NYSE: PG) (Cramer's Take)/Colgate (NYSE: CL) (Cramer's Take) cohort could have a remarkable rally.

But not until after this current quarter, because the price decreases have been incredibly slow to come in and the dollar is so strong.

I key on those because frankly, oil looks like it is going to struggle to hold $50, and while that is a sure sign of a terrible recession coming, it is, alas, good news for the companies like Kellogg (NYSE: K) (Cramer's Take) and General Mills (NYSE: GIS) (Cramer's Take) that use energy and whose product pricing has held.

Continue reading Cramer on BloggingStocks: Lower oil will be a boon -- next year

Cramer on BloggingStocks: Lower oil will be a boon -- next year originally appeared on BloggingStocks on Thu, 20 Nov 2008 09:09:00 EST. Please see our terms for use of feeds.

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